Tuesday, September 27, 2022

Play

Massachusetts steps up for Puerto Rico, the White House convenes its first hunger conference in more than 50 years, and hydroponics could be the future of tomatoes in California.

Play

Arizona's Sen. Kyrsten Simema defends the filibuster, the CBO says student loan forgiveness could cost $400 billion, and whistleblower Edward Snowden is granted Russian citizenship.

Play

The Old Farmer's Almanac predicts two winters across the U.S., the Inflation Reduction Act could level the playing field for rural electric co-ops, and pharmacies are dwindling in rural America.

Tax Day: What Are the Feds Doing with Your Money?

Play

Monday, April 16, 2018   

LINCOLN, Neb. – Whether you owe the IRS or it owes you, Tax Day is an annual reminder of how much money Americans give the federal government each year.

A new report shows exactly where that money is being spent. The National Priorities Project crunched the numbers on 2017 federal spending, and found 29 cents of every dollar went to the Medicaid and Medicare programs. That's followed by 23 cents for the military, 11 cents of which pays for private contractors.

Program director Lindsay Koshgarian says it's also important to note that individuals are paying five times more in taxes than corporations.

"Individuals are really the ones funding the federal government," she says. "And then, when you look and see that so much of the money that we're paying taxes for goes to private contractors, it's a bit disturbing to see what extent our tax dollars and our tax system are really holding up private corporations."

The report shows 14 cents of every tax dollar goes to pay interest on the federal debt, seven cents to unemployment and labor, six cents on veterans, and four cents each for education, and food and agriculture. The remainder of the federal tax dollar is divvied up between government, housing, energy, international affairs and transportation.

Koshgarian adds an even larger portion of the federal tax dollar will go toward military spending in 2018.

"We have now the biggest military budget that we've had at any time - bigger than under Ronald Reagan, bigger than during the Vietnam War, even," she notes. "So, there is a huge increase in military spending underway, and we see that in 2017 and we're going to see it even more in 2018."

Koshgarian contends the annual analysis is important because it allows Americans to see if the ways federal dollars are spent are in line with their own priorities. And she believes many will be surprised.

"When we look at what Americans say their top priorities for the federal government are, they certainly do say things like health care and national security," she explains. "Education, and jobs and the economy are right up there, but they're not 'right up there' when we look at how much we're actually spending."

The National Priorities Project has an interactive tool that allows people to see an individual breakdown of their own tax receipt for 2017. It's online at nationalpriorities.org.


get more stories like this via email

Groups that track disinformation say purveyors sometimes back up their claims by referencing fake "think tanks," or by linking to other pages on their own website. (Feng Yu)

Social Issues

A Nevada democracy watchdog group said social media, blogs, websites and hyperpartisan news organizations are all working overtime to spread …


Social Issues

Education officials in Ohio want state leaders to invest in free school meals for all students. Pandemic-era federal waivers enabling schools to …

Environment

Agriculture researchers say if the U.S. wants more farmers to adopt climate-friendly practices, they will need to be offered some proven incentives…


Researchers say if states required more lighting and reflection on farm vehicles, traffic crashes involving this heavy equipment could decrease by more than half. (Adobe Stock)

Environment

As the fall harvest season takes shape in South Dakota, an agricultural specialist said there are many ways motorists and farmers can avoid crashes …

Social Issues

Massachusetts residents are being asked to step up, just as they did five years ago, to help their fellow Americans in Puerto Rico. The …

Nearly 640,000 people were considered food insecure in Washington state in 2020, according to the nonprofit Feeding America. (timonko/Adobe Stock)

Social Issues

It's been more than 50 years since the White House held a gathering about the effects of hunger across the nation. In 1969, the White House held its …

Social Issues

By Caleigh Wells for KCRW.Broadcast version by Suzanne Potter for California News Service reporting for the KCRW-Public News Service Collaboration Wh…

Social Issues

As the midterm elections approach, there are concerns about whether Latino voters will turn out as much as they have in past elections. In New York…

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright 2021